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Latin America

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Author Info

  • Roberto Luis Olinto Ramos
  • Lisbeth Rivas
  • Gonzalo C. Pastor
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    Abstract

    This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts'' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base years, downwards biases with household final consumption estimates, and an overestimation of gross fixed capital formation in construction activities.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22379
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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 08/239.

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    Length: 51
    Date of creation: 01 Oct 2008
    Date of revision:
    Handle: RePEc:imf:imfwpa:08/239

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    Related research

    Keywords: Latin America; National accounts; Data collection; Gross domestic product; Capital formation; Reports on the Observance of Standards and Codes; fixed capital formation; gross fixed capital formation; consumption expenditure; final consumption expenditure; real gdp; growth rates; gdp growth; gdp growth rates; economic growth; household final consumption expenditure; household consumption; total consumption; household survey; input-output; income growth; financial institutions; household income; data limitations; growth rate; international financial institutions; financial resources; household survey data; data accessibility; income distribution; input-output tables; household consumption expenditure; distribution of income; analytical tool; household expenditure; representative sample; growth model; gdps; gdp growth rate; economic growth rates; data sources; consumption patterns; national income; financial programming; data collection efforts; household final consumption expenditures; econometric analysis; multiyear programs; living standards; data sets; financial costs; statistical offices; real economic growth rates; analytical tools; information gaps; economic analysis; external debt; economic growth performance; fiscal deficit; analytical work;

    This paper has been announced in the following NEP Reports:

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Alan Blinder & Alan Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Working Papers 875, Princeton University, Department of Economics, Industrial Relations Section..
    2. Fran├žois Bourguignon, 2005. "Comment on "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)" by Angus Deaton," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 20-22, February.
    3. Angus Deaton, 2003. "Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," NBER Working Papers 9822, National Bureau of Economic Research, Inc.
    4. Darby, Michael R., 1992. "Causes of declining growth," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 5-13.
    5. David E. Lebow & Jeremy B. Rudd, 2003. "Measurement Error in the Consumer Price Index: Where Do We Stand?," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 159-201, March.
    6. Irineu E. Carvalho Filho & Marcos Chamon, 2006. "The Myth of Post-Reform Income Stagnation in Brazil," IMF Working Papers 06/275, International Monetary Fund.
    7. Harrison, Anne, 1990. "Major Changes Proposed for the Next SNA: An Overview," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 36(4), pages 335-52, December.
    8. Angus Deaton, 2005. "ERRATUM: Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 395-395, May.
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    Cited by:
    1. Irineu E. Carvalho Filho & Marcos Chamon, 2008. "The Myth of Post-Reform Income Stagnation," IMF Working Papers 08/197, International Monetary Fund.

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